Economy
During its history Quincy has been known as a manufacturing and heavy industry center, with granite quarrying dominating employment in the 19th century and shipbuilding at Fore River Shipyard and Squantum Victory Yard rising to prominence in the 20th century. The recent decades have seen a shift in focus to several large employers in the financial services, insurance and health care sectors of the economy. Quincy is the location of the corporate headquarters of several firms, including Boston Financial Data Services, the Stop & Shop supermarket chain, Arbella Mutual Insurance Company and The Patriot Ledger, publisher the South Shore's largest regional newspaper.
Other major employers with offices in Quincy are State Street Corporation, Blue Cross Blue Shield, Harvard Pilgrim Health Care and Boston Scientific. TACV, national flag carrier airline of Cape Verde, has its United States corporate office in Quincy. The Quincy office serves residents of Connecticut, Massachusetts, and Rhode Island.
Read more about this topic: Quincy, Massachusetts
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)